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WCT shows signs of a pullback, and the market may be on the brink of a market turning point. From a technical chart perspective, the 0.38 price level is not a safe support and instead indicates significant risk.
The current price trend has formed a typical double top pattern, which usually indicates that bearish forces are accumulating, and a significant downward trend may occur subsequently.
If the price pulls back to the 0.33 area, there is a high likelihood of buy support emerging, so it is crucial to grasp the trading rhythm. In this market environment, traders who can accurately predict the trend often gain more favorable entry opportunities.
Trading crypto assets requires caution, as the market is highly volatile. Please ensure that you make decisions based on your own judgment and bear the corresponding risks.